Kagugube A Group

Status: Paid Back

$1,650.00		Loan Request
$1,650.00		Paid Back

About the Group

Group Name:	Kagugube A Group
Group Members:	Sylvia Ntete Prossy Nanfuka Irene Mirembe Sylvia Kanyange Flavia Bbuye
Location:	Kireka, Uganda
Activity:	Cosmetics Sales

About the Loan

Loan Amount:	$1,650.00
Loan Use:	to add stock to the cosmetic shop
Repayment Term:	15 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Feb 26, 2008
Date Disbursed:	Mar 13, 2008
Date Funded:	Feb 28, 2008
Loan Ended:	Apr 19, 2009

About the Field Partner

Field Partner:

BRAC Uganda

Field Partner Risk Rating:

(Learn more)

Active

23 months

8418

$2,316,025

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Uganda
Avg Annual Income:	$1,700.00
Currency:	Uganda Shillings (UGX)
Exchange Rate:	1,703.0000 UGX = 1 USD

Flavia is 40 years old, married, and has five children. Her husband is an accountant. She has a cosmetic shop. She believes that if she increases her stock, she can obtain higher profits. With the extra business profits, Flavia wants to build rental rooms so that she can save money for her childrens' education. Sylvia has a beauty salon. Mirember has a retail shop business. Sylvia's current business is growing mushrooms.

This is a group loan. The loan funds will be distributed among the group members, each of whom will invest in her own business. The members mutually guarantee one another's loans. If one member does not repay, the other members are responsible.

About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

Lenders to this group

Ian
Oakville, Ontario
Canada

lauri
Weatherby Lake, MO
United States

Alan
Traverse City, MI
United States

Rich
Rockport, MA
United States

mariette
eindhoven,
Netherlands

ATP
Calgary, Alberta
Canada

Bain Real Estate
Kent, CT
United States

Anonymous
Hilbert, WI
United States

Angel
Brandywine, MD
United States

Mazy Gray
Mountain View, CA
United States

Julian
Dunstable, Bedfordshire
United Kingdom

Carol
camp hill, PA
United States

Janet
Yorktown, VA
United States

YayMicro.com
Oslo,
Norway

Kerry
Somerset, NJ
United States

Sasha
Cary, NC
United States

peter
frankfurt,
Germany

Terri
Longmont, CO
United States

Anonymous
lombard, IL
United States

David
Valparaiso, IN
United States

Anonymous
Cary, NC
United States

Janne
Helsinki, Finland
Finland

the avenue clothing co.

Journal entries for Kagugube A Group

Loan has been disbursed Entrepreneur: Kagugube A Group Location: Kireka, Uganda Thank you for your loan. It has been disbursed to the Kagugube a group, consisting of Flavia Bbuye, Sylvia Kanyange, Irene Mirembe, Prossy Nanfuka, Sylvia Ntete by BRAC Uganda in Uganda. We are excited to watch this business grow. Over the next 12 months, BRAC Uganda will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Kireka, Uganda Mar 13, 2008
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Repayment Schedule for Kagugube A Group

Show Advanced

	Expected Repayments	Actual Repayments	Comments
June 2008	$137.50	$138.00	Repayment Received
July 2008	$137.50	$138.00	Repayment Received
August 2008	$137.50	$138.00	Repayment Received
September 2008	$137.50	$138.00	Repayment Received
October 2008	$137.50	$138.00	Repayment Received
November 2008	$137.50	$138.00	Repayment Received
December 2008	$137.50	$138.00	Repayment Received
January 2009	$137.50	$134.00	Repayment Received
February 2009	$137.50	$137.50	Repayment Received
March 2009	$137.50	$137.50	Repayment Received
April 2009	$137.50	$137.50	Repayment Received
May 2009	$137.50	$137.50	Repayment Received